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HECM FINANCIAL ASSESSMENT AND PROPERTY CHARGE …

7-13-16 Page 1 HECM FINANCIAL ASSESSMENT AND PROPERTY CHARGE GUIDE REVISED JULY 13, 2016 EFFECTIVE FOR HECM CASE NUMBERS ASSIGNED ON OR AFTER OCTOBER 3, 2016 7-13-16 Page 2 Table of Contents FINANCIAL ASSESSMENT 8 Purpose of the FINANCIAL ASSESSMENT .. 8 Documentation of FINANCIAL ASSESSMENT .. 8 Loan Application Information .. 8 DE Underwriter 8 Non-discrimination in Performing FINANCIAL 9 FHA s TOTAL Scorecard .. 9 Mortgagor Authorization for Verification Information .. 9 Mortgagor Consent for Social Security Administration to Verify Social Security Number.

7-13-16 page 1 hecm financial assessment and property charge guide revised july 13, 2016 effective for hecm case numbers assigned on or after october 3, 2016

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